The aviation sector is likely to see another round of market share realignment
IndiGo's robust balance sheet and competitive cost structure is best placed among Indian carriers to withstand the current disruption and also be in a position to capitalise on growth recovery, the report noted.
Singh said steps should be taken to help Indian carriers get more share of the international traffic. The Ambassador had a differing view
SpiceJet will operate 19 flights this month from Ras Al-Khaimah, Jeddah, Dammam, Riyadh and Muscat.
In a press release, the airline said it has operated 111 charter flights from the UAE bringing back 20,000 Indians.
As the government works out with other countries on ways to mitigate the quarantine requirements and see how services can re-start, there is a new thinking that is taking shape — the need to have more non-stop flights from India as passengers want to avoid hubs.
Domestic flights commenced from May 25, with the Ministry of Civil Aviation permitting airlines to operate at one-third of their approved summer capacity.
This is the first time that an airline in the country has laid such a condition for remuneration
There are restrictions on fares and pressure on demand, then how are airlines fixing fares to ensure they make money? Read on.
In India, only Air India and Vistara have wide-body aircraft like B787 in their fleet. All other airlines have narrow body aircraft or even smaller regional aircraft in their fleet.
Supreme Court has sought a reply from the Ministry of Civil Aviation on the matter and proposed a few solutions to provide relief to aggrieved customers.
SpiceJet told the paper that there is an outstanding claim of over Rs 234.97 crore owed by AAI.
Post trials and approvals, the airline plans to use drones in delivery of essential supplies to remote areas, the company said in a release.
Since the resumption of domestic flight operations on May 25, 16 passengers onboard flights operated by three different airlines have tested positive for COVID-19.
Tests were conducted at Guwahati after landing and the passengers were quarantined, according to a SpiceJet spokesperson.
In a press release, the airline said its maiden flights to the two countries carried 16 tonnes of cargo each.
Civil Aviation Ministry has capped the airfares on major routes with an intention to allow air services to resume without any massive drop or rise in prices.
On the government's decision to regulate fares, Singh said following the new pricing rules would not be complex.
Shares of Jet Airways and Spicejet locked at 5 percent upper circuit with pending buy orders.
We advise investors to wait for the Q1FY2021 results of IndiGo and SpiceJet before taking any investment decisions.
The profitability of the industry would also be adversely impacted in the ongoing fiscal due to lower revenues and high fixed costs, which is 35-42 percent of the total cost of airlines.
Warren Buffett once again showed investors as to how one can cut losses and preserve cash. The investing phenomenon is dynamic in nature and usually changes over a period of time based on the prevailing trend.
Experts advise investors to bring down their exposure in the airline. If they are long term investor then they could hold the stock, they say.
All commercial passenger flights have been suspended for the lockdown period. However, cargo flights and special flights approved by the aviation regulator DGCA are allowed to operate.
The airline had told its pilots on Wednesday that they will not be paid salaries for April and May, adding that those who have been operating cargo flights will get paid for the number of hours flown.